58 Ukraine Buys Gas from Europe 4 Times More Expensive

Commercial director of Ukrainian "Naftogaz" Yuri Vitrenko stated on his Facebook page that:
We will bear huge losses that will be nice for no one. Gas these days in Europe costs up to 1 thousand dollars, i.е. 4 times more than the contract with Gazprom......Naftogaz is no longer a black hole for the revolution of dignity.
The United States expects That Russia will continue to supply gas to Ukraine, but in their place - with their sanctions and threats against us - there's no point in counting on anything. Russia should not solve the problems of the Ukrainian economy at its own expense. It's obvious that no one else wants to either.

Gazprom CEO Alexei Miller said on March 2 that Gazprom had to immediately begin the procedure for termination of contracts with Naftogaz for supply and transit of gas at the Stockholm Arbitration Court. He explained this by saying that the decisions of this court in the dispute of the companies created an imbalance of their interests and made the continuation of contracts economically impractical for Gazprom.

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